Far East Horizon Limited (SEHK:3360) announced the spin off of Equipment operation business to the shareholders of Far East Horizon Limited on December 16, 2020. As a part of this transaction, separate listing will take place on recognized stock exchange for the equipment operation business. As of December 6, 2023, Far East Horizon Limited (SEHK:3360) announced the spin off 4.998675% stake in Horizon Construction Development Limited to the shareholders of Far East Horizon Limited. The record date is January 3, 2024. EGM of shareholders of Far East Horizon is expected to be held on December 22, 2023. Distribution is expected to be completed on January 16, 2024.

Far East Horizon Limited completed the Spin-Off of 4.99868% stake in Horizon Construction Development Limited (SEHK:9930) on January 16, 2024.